Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

12 Properties
$225,000
Subdivision: Stony Brook Woods
3
Beds
3F11/2
Baths
2,470
Sq.Ft.
1998
Year Built
261
Days on Site
1521866
MLS
Back on the Market! Short Sale. Third party approval required. Water cannot be turned on prior to closing. Home needs work & could be the perfect home for the handy buyer or sophisticated investor....
$190,000
Subdivision: Vineland Park
4
Beds
2F11/2
Baths
2,263
Sq.Ft.
2006
Year Built
53
Days on Site
1539044
MLS
SHORT SALE. All brick 4 bedroom 2 story home with newer HVAC located in a desirable Vine Grove subdivision. Master suite features dual sinks, jetted tub, and separate shower. Laundry is conveniently...
Under Contract
375 Wood Valley Ln Louisville, KY 40299
$175,000
Subdivision: Dawson Hill Estate
4
Beds
3F11/2
Baths
3,824
Sq.Ft.
2001
Year Built
191
Days on Site
1526734
MLS
SHORT SALE. Investor alert! Fix and flip, or great for construction-oriented homeowner. This is a big project. Check ALL the photos.Like a vacation home in the woods! 4 bedrooms, 3.5 baths, finished...
$142,000
Subdivision: Yorktown
3
Beds
1F11/2
Baths
1,807
Sq.Ft.
1968
Year Built
52
Days on Site
1539147
MLS
**SHORT SALE. Approved by 3rd party (KHC)** Spacious, 3 Bedroom, 2 Full Bath, 1 Half Bath home. The Living Room is open to the Dining Area which is great for entertaining. Easy access from the...
$132,000
Subdivision: Midland Estates
3
Beds
2
Baths
1,227
Sq.Ft.
2008
Year Built
17
Days on Site
1542148
MLS
SHORT SALE A 3 bedroom, 2 bathroom home that needs. little TLC. This house offers a nice an open floor plan with 1 bedroom on main floor and two upstairs. Full baths on both levels. Shed does not...
$120,000
Subdivision: Foxboro
3
Beds
2
Baths
1,373
Sq.Ft.
1986
Year Built
36
Days on Site
1540620
MLS
This is a SHORT SALE. Property is sold As-Is. Seller is the court appointed Administrator of the will and will make NO repairs. All offers are subject to 3rd Party Approval.
Under Contract
5706 Morning Glory Ln Louisville, KY 40258
$115,000
Subdivision: Shacklette Acres
3
Beds
1
Baths
1,673
Sq.Ft.
1959
Year Built
65
Days on Site
1538169
MLS
Very updated and nice home. 3 bedroom with basement. Schedule a showing today! Short sale.
3
Beds
1
Baths
1,413
Sq.Ft.
1982
Year Built
260
Days on Site
1522012
MLS
**Short Sale**. Located in the Heart of Horse Country here in Historic Midway Kentucky. This home showcases 3 bedrooms, 1 bath, an eat-in kitchen, Living room, den and a bonus room that could be...
3
Beds
1
Baths
1,550
Sq.Ft.
1962
Year Built
11
Days on Site
1542712
MLS
SHORT SALE SUBJECT TO BANK APPROVAL. Look under Doc section for Short Sale addendum. Required with all offers. ''Seller may cancel this Agreement prior to the ending date of the listing period...
Under Contract
11415 Flowervale Ln Louisville, KY 40272
$55,000
Subdivision: Sun Valley
3
Beds
2
Baths
2,094
Sq.Ft.
1956
Year Built
13
Days on Site
1542242
MLS
This distressed property is in need of some TLC. Great investor opportunity! Schedule a showing today.Property is a short sale, requires bank approval.
Under Contract
4613 Frel Rd Louisville, KY 40272
$50,000
Subdivision: Bee Lick Creek
3
Beds
1
Baths
1,008
Sq.Ft.
1977
Year Built
83
Days on Site
1536384
MLS
Short Sale. Sold AS-IS.
2
Beds
1
Baths
1,112
Sq.Ft.
1918
Year Built
165
Days on Site
1528870
MLS
LARGE FRONT PORCH, UNFINISHED BASEMENT, 2 CAR DETACHED GARAGE. THIS IS SHORT SALE AND SUBJECT TO BANKS APPROVAL AND MAY TAKE SEVERAL MONTHS
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